Shops along route of TLV light rail waiting for promised business boom * Fears of bubble in Tel Aviv market deflate, but prices still overvalued * Home sales plummet

[Times of Israel]( [Real Estate Israel]( Thursday, September 28, 2023 Presented by [Prian.Info]( [Shops along route of Tel Aviv light rail still waiting for promised business boom]( By Shoshanna Solomon Stores on Yehuda Halevi Street were told a bonanza would come after 8 years of mere survival in a construction site; so far this has not materialized [Fears of a bubble in Tel Aviv house market deflate, but prices still overvalued: UBS]( By Sharon Wrobel Rising mortgage rates put an end to the boom in Tel Aviv home prices, which tripled over the past two decades at the fastest rate among 25 major cities, UBS real estate index says [Israel ranked most expensive place to buy a home in European housing survey]( By Sharon Wrobel [Israel’s cost of living the highest among OECD countries in 2022, data shows]( By Sharon Wrobel Promoted Content [PRIAN – your unique world-wide property search engine]( More than 100 000 real estate objects for sale and rent all over the world, guides on purchasing procedures, maintaining properties, taxes and immigration. [Planning panel okays Tel Aviv metro via Bnei Brak, which denies approving Shabbat work]( By ToI Staff Committee said to reach deal with Haredi-dominated municipality to allow excavations in city on Jewish day of rest — but city council says this won’t happen outside extreme cases [Apartment sales in July plummeted 27% from a year ago, new figures show]( By ToI Staff With just 6,912 units sold, Finance Ministry review determines total lowest for July since economic recession during 2002 intifada; first-time home purchases recover slightly [Annual inflation back up to 4.1% as consumer goods costs climb]( By ToI Staff [Over 200 hotels offer 20% off as high prices leave rooms empty]( By Michael Horovitz Israel Hotel Association says 72-hour offer aims to assist Israelis to afford local trips, fill hotels left vacant amid soaring cost of living; website crashes after announcement [Real Estate Israel]( [facebook]( [twitter]( [instagram]( [View in browser]( [Contact support](mailto:support@timesofisrael.com) [Advertise with us](mailto:advertise@timesofisrael.com) Were you forwarded this email? [Subscribe here]( [Unsubscribe]( from this List © 2023 The Times Of Israel, All Rights Reserved